Dec 19, 2025

Federal Reserve moves toward narrower, crypto-driven take on master accounts

The U.S. central bank has been mulling the idea of a "skinny" version of master accounts for firms that want payments access witho...

Oct 22, 2025

A ‘Skinny’ Fed Master Account Could Bring Back Narrow Banking

Fed Governor Chris Waller’s payments account proposal would let the private sector innovate at the front end and keep the Fed as t...

Oct 21, 2025

Gov. Waller: U.S. Fed to 'Embrace Disruption,' Pitches 'Skinny' Master Account I...

At its first event on payment innovations, the Federal Reserve's Christopher Waller suggested a compromise over the crypto world's...